4800 31ST Street Detroit, MI 48210

Great opportunity in the City of Detroit. This property comes with adjacent lots 4848 Buchanan and 4409 31st. Looking for a buyer to rehab this commercial property. Previously was used as a place of worship.The seller is the Detroit Land Bank Authority. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please see attached documents for DLAB requirements. BATVAI